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Jan 15, 2013 6:00am EST
.2 trillion. i'm certainly not. and those of us who are concerned on the across-the-board defense cuts i hope for the most part are saying we have to make these cuts. the question is how we allocate those cuts. we can't back off that, becky. that would be unbelievable that, you know, we're now negotiating on something we agreed to two years ago at a time when the debt was a couple trillion dollars less. we've got to be sure we're making progress moving forward. this debt limit discussion is an opportunity to do that. we don't have to make these cuts in the way the president talked about it at his press conference. i thought it was incredibly irresponsible to say republicans are talking about slashing spending. they wanted to gut medicare and medicaid. that's not the point here. it's being sure these programs are saved and preserved for future generations and everyone, including the president, we talked about this in the past, understands the need to do that. >> you forgot about cutting off people with disabilities, and autistic children and a lot of -- you forgot about a lot of things that yo
Jan 17, 2013 6:00am EST
? the government can pay just the interest, social security and defense spending meaning military salaries. markets, of course, democrats say they're going to demand higher wage because of this. republicans will suggesting they'll overlook this gridlock. finally on the economy, a lot of folks saying it would cause a depression. republicans say, there are temporary effects here. now, okay, so let's do this. could you, if you were treasury secretary, so you make spending equal cash flow? get ready to play folks? the debt ceiling game, calling this the home edition, here are different items in the government, in the federal government budget, what you've got to do is check a box, fund it or don't fund it. now we've rigged this now so we've worked on tv. we're going to fund all these things. and what we're going to do is we're going to make our spending equal the cash flow of 277 billion dollars so we're going to pay the interest, we're going to pay medicare, medicaid, social security, military pay, retirement, veterans benefits and defense vendor payments, federal salaries. okay got it. 275. we fund t
Jan 22, 2013 6:00am EST
that it was a stick in the eye. frankly, he may a very spirited defense of activist government and kind of continued this narrative that, republicans don't believe in social security and medicare, et cetera. so, you know, we go on a very cold tuesday morning and we soldier on to the next battle. >> and, the -- there's an inauguration -- there's speeches, and then there's what you're able to accomplish given the -- the tone -- the makeup of the country, the makeup of congress. how much gets done? how much is just bluster? and how much actually ever gets proposed? but then again, how much is executive order? is he going to be able to do that without legislation some of it? >> well, again, now we get to wait for a state of the union on february 12th, and we probably won't see his fiscal 2014 budget until march. we'll have to deal with the debt ceiling and probably at least the sequester before that. so you know, there are not a lot of proposals formally on the table from the democrats. and i think we're going to have a very, very messy march and probably into early april, maybe even with a government s
Jan 16, 2013 6:00am EST
, with fixodent. the adhesive helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. >>> goldman sachs report iing fourth quarter earnings much higher than expected. wow, it was a really big beat. we have an earnings guru here. he asks the question, why isn't the stock even higher this morning? roger, what's your take? >> the beat was two things. one a much lower comp ratio. the way that works, tends to get chewed up in the fourth quarter. an out sized beat and the other longer lending, investments and private equity got marked up a fair amount. i think people were expecting that to be a source of upside. the real beat was in compensation. given it's so weighted to the fourth quarter, the beat isn't as big as it looks. the full year ratio for compensation came out to 34%, it was 32% last year. to the extent there's a longer term lower accrual level to be factored in here, earnings are biased up. >> was that politically driven, do you think? >> i think it's a function of a lot of things. i think that -- i think market conditions are
Search Results 0 to 3 of about 4